Fresno Private Capital Markets can provide small business crowdfunding.
The SBA recently announced they are currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding.
The JOBS and Investor Confidence Act of 2018 JOBS 3.0, as it is widely referred to, significantly expands opportunities to raise capital.
List your business on Fresno PCM crowdfunding portal SMB membership fee waived for 3 months due to Covid-19 pandemic and raise up to $1,000,000.
We provide ongoing support and trust account to manage your Crowdfunding offering. Portal fee 6% of the total raise.
Learn more about funding your business without a Bank Loan
Toll-Free 866-675-3933 SMS Text (559) 588-4340
SBA Paycheck Protection Program funding is up to Congress whether to pour money back into the program.
Here’s what to do in the meantime so that you’re ready if there’s a second round of funding.
- Round up your documents. The paperwork you’ll want to have ready includes your tax returns for 2019, including Schedule C, Forms 1099-MISC that detail compensation received and a book of record that establishes you’re self-employed and in operation on or around Feb. 15, 2020.
- Contact your bookkeeper or payroll provider for employees’ paperwork. This would include Forms 941 and 940, which show Social Security and Medicare taxes withheld and payments toward unemployment, respectively.
- Don’t go it alone. Bankers are rushed, and a neat package of documents prepared by your accountant can help smooth the application process.
- Get to know your community bank representative. “The local relationship with your local banker really shines,” said Herron. “At a large national bank, you’re just a number.”
Bank Loan vs “Regulation D – Rule 506(b) vs Rule 506(c)”